Reedy Creek Improvement District’s Bond Rating Remains on ‘Negative Watch’ While Facing Dissolution
With its dissolution seemingly imminent, the Reedy Creek Improvement District’s bond rating from Fitch Ratings remains on “Negative Watch,” according to Orlando Business Journal‘s Richard Bilbao. Bilbao notes that in its latest report, Fitch has yet to issue a full rating, but the district could face a downgrade on its issuer default rating (IDR) bonds … Read more